Mayer Steel Pipe Dividend
Dividend criteria checks 5/6
Mayer Steel Pipe is a dividend paying company with a current yield of 4.94% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 12th June, 2024.
Key information
4.9%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | 05 Jul 24 |
| Ex dividend date | 12 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | NT$5.77 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00
May 10
Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00
Apr 26Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00
Mar 15Recent updates
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00
May 10Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00
Apr 26We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings
Mar 21Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00
Mar 15We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt
Apr 08How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?
Mar 24Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)
Mar 03Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?
Feb 16Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?
Feb 01Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?
Jan 19
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?
Jan 06Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?
Dec 24We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability
Dec 11Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2020's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2020's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mayer Steel Pipe Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2020) | 4.9% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Metals and Mining) | 2.6% |
| Analyst forecast in 3 Years (2020) | n/a |
Notable Dividend: 2020's dividend (4.94%) is higher than the bottom 25% of dividend payers in the TW market (1.74%).
High Dividend: 2020's dividend (4.94%) is in the top 25% of dividend payers in the TW market (4.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 2020's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.5%), 2020's dividend payments are well covered by cash flows.